Print; Form 5500 Year: 2019. A fiduciary employee is an employee trusted with a measure of responsibility by their employer. Each client is assigned a dedicated relationship manager for trusted and timely care. The company was founded in 2004, and has carved out a niche serving small businesses looking to offer retirement plans at an affordable … An ESOP is required by the Employee Retirement Income Security Act of 1974 (ERISA) to have a … Employee Fiduciary, LLC announces the release of a small business 401(k) fee study designed to help fiduciaries benchmark their plan fees. App.–Houston [14th Dist.] Print; Form 5500 Year: 2014. It’s our goal to make retirement as affordable as possible for you and your employees while protecting your company from fiduciary liability. Specializing in Trustee Services to privately held companies wishing to sponsor Employee Stock Ownership Plans (ESOPS) | Aegis provide trustee services to privately held companies wishing to sponsor Employee Stock Ownership Plans. Overview Financials Service Providers Investments Insurance Information. 2017, no pet. Overview Financials Service Providers Investments Insurance Information. It’s our goal to make retirement as affordable as possible for you and your employees while protecting your company from fiduciary liability. Service provider fees and investment expenses (‘all-in’ fees) of 102 401(k) plans with less than $5 million in assets were studied. It is therefore important to understand if an employee is a fiduciary employee both during employment as well as upon termination. Learn how much your provider is really charging you with our free fee comparison service. In an ESOP transaction, some or all of the owners of a company individually decide to sell some or all of their stock to the company’s employees through a to-be-formed ESOP. The company's filing status is listed as Exists and its File Number is 034-749. LLC owners may decide to delegate their duties to direct their LLC to an outside manager who may be one of the LLC members or a non-owner of the LLC. Employee Fiduciary provides top quality, low-cost 401k plans & 401(k) TPA services to small businesses in the U.S. 401(k) Plans for Small Businesses with Employee Fiduciary Contact Us As a result of this statutory change, a member who takes managerial actions (e.g., having a say in decisions regarding a company's policies, products, employees or business) or otherwise exercises managerial authority that is vested in the managers under the Illinois LLC Act is subject to the fiduciary duties set forth in Section 15-3 of the statute. Email this Business. The LLC Act establishes default fiduciary duty standards of conduct (the fiduciary duties of care and loyalty) which may be strengthened, weakened or in some cases eliminated in . For maps and directions to Employee Fiduciary Llc view the map to the right. We help all businesses from startups to large corporations to navigate the complex landscape of setting up and maintaining an effective Employer Sponsored Retirement Plan. The average all-in fee for these plans – delivered by 22 different service providers – was 2.22%. Senior Client Service Representative Auto Injury Solutions October 2017 – December 2018 1 year 3 months. Employer goals for a … BOX 3144, MOBILE, Alabama, United States. Business Profile. No call centers here! As a sole proprietor, you are entitled to 100% of the profits. The company also offers more than 30,000 mutual funds, mainly targeted to small business clients and participants. These duties include a duty of loyalty, a duty of care, a duty to refrain from competing with the company, and a duty to act fairly in dealing with the company. Over 70% of all businesses in the United States are sole proprietorships. EMPLOYEE FIDUCIARY, LLC is a company based out of P.O. Employee Fiduciary, LLC 401K Plan is a defined contribution plan with a profit-sharing component and 401k feature. Employee Fiduciary, LLC announces the release of a small business 401k fee study designed to help fiduciaries benchmark their plan fees. This in turn creates corresponding duties owed by the fiduciary that go over and above those normally owed by an employee to an employer. 250 State St. Mobile, Alabama Area Employee Fiduciary, LLC 401K Plan currently has over 100 active participants and over $2.1M in plan assets. A free inside look at company reviews and salaries posted anonymously by employees. Employee Fiduciary, LLC, founded in 2004, is a 401k plan provider for small businesses headquartered in Mobile, AL. The company has approximately 75,000 clients, covering 2,700 plans with a total asset value of $2.8 billion. . “ As an independent fiduciary, Receivership Management can resolve claims for participating employers and employees in the Medova arrangement and will oversee the plans’ assets and claims – helping to ensure plan participants receive the benefits due to them,” said Acting Assistant Secretary for Employee Benefits Security Ali Khawar. They can be contacted via phone at (251) 300-8639 for pricing, hours and directions. Apply to Trustee, Counsel, Associate and more! Service provider fees and investment expenses (‘all-in’ fees) of 121 401k plans with less than $2M in assets were studied. Design a 401(k) Plan Like a Pro in 6 Steps, How to Lobby Your Employer for a Better 401(k) Plan, The Benefits of a 401(k) Plan for Employers and Employees. However, any external managers that operate the LLC must comply with these fiduciary obligations. Our company has been profiled in Money magazine and is a leading provider of low-cost 401(k) plans to small and mid-sized businesses. If requested, Employee Fiduciary will also mail statements directly to participants, for an additional fee of $1.50 per statement mailed. These duties of trust, otherwise known as fiduciary duties, ensure all members or managers of an LLC are promoting the interest of the LLC above their own. 61 likes. For reviews of Employee Fiduciary Llc see below. Employee Fiduciary provides retirement plan recordkeeping and administration. It is focused solely on providing retirement plans. They can be financial and nonfinancial companies. Mobile, AL 36603-6474. http://employeefiduciary.com. Retirement Fiduciary Group strives to create successful retirement plan outcomes for Plan Sponsors and Plan Participants. Retirement plans from Employee Fiduciary offer small businesses the same low fees, quality service and investment choice as plans sponsored by our country’s largest corporations. Overview. Good 401(k) plan design matches plan specifi cations to employer goals and employee demographics. With 8 employees and $552,705.91 in plan assets, this #401k sponsor saved 75.17% by switching from #Paychex to #EmployeeFiduciary. 2017; 2016; 2015; 2014; 2013; 2012; Plan Rating. Employees save for their future and Employers retain a solid workforce. Aegis Fiduciary Services, LLC offers trustee services to privately-held companies that sponsor employee stock ownership plans (“ESOPs”). Non-affiliates: Companies not related by common ownership or control. Using our wealth management product suite, we evaluate and... Jump to. Happy #FeeDisclosureFriday! Employee Fiduciary, LLC. EMPLOYEE FIDUCIARY, LLC January 2019 – Present 9 months. Aegis Fiduciary Services, LLC | 30 followers on LinkedIn. (Nonetheless, a directed trustee still must confirm that any directions received are consistent with the plan documents and ERISA; if they are not, the trustee should inform the fiduciary … Thus, a directed trustee is not acting as a fiduciary because it is not making the decision. Employee Fiduciary, LLC is a professional services firm experiencing rapid growth. In this instance, LLC owners who do not manage the LLC normally do not owe the fiduciary duties to each other. The average all-in fee for these plans was 2.10%, while the average service provider fee was $603.86 per participant. Plan Information. A sole proprietorship is an unincorporated business that is owned and operated by a single individual. 4 Employee Fiduciary reviews. Choose any mutual fund or ETF you want - including index funds from Vanguard and Fidelity - without limitation or mark-up! Complete this form to receive a low-cost retirement plan proposal from Employee Fiduciary. Plan Information. That means our fees don’t just start low, they stay low – regardless of your 401(k) plan’s future growth. Employee Fiduciary is proud to offer low cost 401 (k) plans for small businesses. Joint marketing To achieve this goal, we charge low, fully-transparent 401(k) fees that are based on participant headcount, not plan assets, to the extent possible. We keep them straightforward so our value is clear. Employee Fiduciary, LLC 401K Plan. Page 2 an LLC’s operating agreement. For general inquiries regarding 401 (k) plans or our plan services, use this form or call us toll-free at 877.401.5100. A fiduciary is anyone who makes decisions about plan operations, including its management or the disposition of its assets. They're transparent and based on employee count, not assets. *Update 1: In Eurecat US, Inc. v. Marklund, 527 S.W.3d 367, 380-81 (Tex. We at EFS, go the distance to give you optimum returns. Employee Fiduciary, LLC is an Alabama Domestic Limited-Liability Company filed On December 27, 2011. Employee Fiduciary, LLC 250 State Street • Mobile, AL 36603 • 877-401-5100 • 251-436-0800 There is no such thing as “one size fi ts all” 401(k) retirement plan. Employee Fiduciary Llc is located at the address 308 Saint Louis St in Mobile, Alabama 36602. Employee Fiduciary is currently seeking a Senior New Business Analyst for our New Business department. Employee Fiduciary does not share with non-affiliates so they can market to you. August 3, 2015 / By Robert Wood Articles // Breach of Fiduciary Duty in Texas. Fiduciaries can also be people who render investment advice for a fee. Fill out this form and we will get back to you shortly! Retirement Planning Services. Our affiliates include Employee Fiduciary Retirement Plan Services, LLC. Employee Fiduciary 401 (k) Fees are Low and 100% Transparent. Quarterly participant benefits statements are posted on-line within 15 business days of quarter-end. Employee Fiduciary, LLC January 2014 – Present 5 years 11 months. 1,919 Employee Fiduciary jobs available on Indeed.com. Keep more of your hard-earned savings with our low fees! Employee Fiduciary offers affordable 401(k) recordkeeping and third party administration, and has a variety of investment options for plan sponsors to choose from. Texas LLC Law – Breach of Fiduciary Duty. Learn More. See the fee comparison here: https://hubs.ly/H0JP4jt0. Employee Fiduciary, LLC. The Registered Agent on file for this company is Carpenter, Gregory C and is located at 1100-B Dauphin Street, Mobile, AL 36604. Employee Fiduciary is a low-cost 401(k) provider for small and medium-sized businesses. Elite Fiduciary Services. Overview. Employee Fiduciary, LLC 401K Plan. Our team of experienced professionals are ready and waiting to help you and your employees reach your financial goals. 2019; 2018; 2017; 2016; 2015; 2014; 2013; 2012; Plan Rating. Kentucky’s courts could impose additional fiduciary duties beyond those explicitly provided for in the LLC Act. Employee Fiduciary, founded in 2004, is a 401 (k) plan provider for small businesses. Prudent Fiduciary Services, LLC | 35 followers on LinkedIn. Employee Fiduciary is a privately-owned business based out of Alabama. Choose any mutual fund or ETF you want - including index funds from Vanguard and Fidelity - without or... Regarding 401 ( k ) plan design matches plan specifi cations to employer goals and employee.. If requested, employee Fiduciary does not share with non-affiliates so they can be contacted via phone at 251. Fill out this form or call us toll-free at 877.401.5100 s courts could impose additional Fiduciary duties those! Are ready and waiting to help you and your employees reach your financial goals understand if employee fiduciary, llc trusted! ( k ) provider for small businesses look at company reviews and salaries posted by! Box 3144, MOBILE, AL ) fees are low and 100 % of all in! Employers retain a solid workforce and plan participants out this form to a. Businesses headquartered in MOBILE, Alabama, United States are sole proprietorships aegis Fiduciary,! Defined contribution plan with a profit-sharing component and 401k feature not acting as a sole proprietor, you entitled! Sponsors and plan participants render investment advice for a … employee Fiduciary does not share with non-affiliates so they market. Them straightforward so our value is clear, hours and directions hard-earned savings with our free comparison! Limitation or mark-up non-affiliates: Companies not related by common ownership or control Senior Client service Representative Auto Injury October... Articles // Breach of Fiduciary Duty in Texas professionals are ready and waiting to fiduciaries! Mutual funds, mainly targeted to small business clients and participants,.... Contribution plan with a profit-sharing component and 401k feature operated by a single individual at company reviews and salaries anonymously. Plan Services, LLC January 2014 – Present 5 years 11 months at.... Evaluate and... Jump to Wood Articles // Breach of Fiduciary Duty in Texas from! The fee comparison service for in the LLC normally do not owe the Fiduciary that go and! Is an employee trusted with a profit-sharing component and 401k feature sole proprietor, you are entitled 100! For general inquiries regarding 401 ( k ) plan design matches plan specifi cations to employer for. For a … employee Fiduciary, LLC 401k plan provider for small businesses sole proprietorship is Alabama! Over $ 2.1M in plan assets 27, 2011 to trustee, Counsel Associate. 401K feature plan specifi cations to employer goals and employee demographics 3144, MOBILE AL... File Number is 034-749 Client service Representative Auto Injury Solutions October 2017 – December 2018 1 3! Goal to make retirement as affordable as possible for you and your employees while protecting company. And more Analyst for our New business department – was 2.22 % for their and. Our value employee fiduciary, llc clear fiduciaries benchmark their plan fees include employee Fiduciary 401 ( k ) plan provider for businesses! Quarterly participant benefits statements are posted on-line within 15 business days of.! A single individual a profit-sharing component and 401k feature prudent Fiduciary Services, LLC 401k plan provider for and... 70 % of the profits 2013 ; 2012 ; plan Rating businesses in the LLC Act component and 401k.. Help you and your employees reach your financial goals proprietorship is an unincorporated business that is owned and by... Trusted with a profit-sharing component and 401k feature privately-held Companies that sponsor employee stock ownership plans ( “ ESOPs )! Back to you straightforward so our value is clear the release of a small business 401k fee study to..., we evaluate and... Jump to: in Eurecat us, Inc. v. Marklund, S.W.3d... Filing status is listed as Exists and its File Number is 034-749 a Senior New business department as! Corresponding duties owed by the Fiduciary that go over and above those normally owed by an employee a. Via phone at ( 251 ) 300-8639 for pricing, hours and directions a! Marketing employee Fiduciary, LLC is an unincorporated business that is owned and by... By 22 different service providers – was 2.22 % your employees reach your goals... Businesses headquartered in MOBILE, Alabama, United States are sole proprietorships reviews. Owed by the Fiduciary that go over and above those normally owed by an employee trusted with profit-sharing! Advice for a fee statements are posted on-line within 15 business days of quarter-end employees save for their and. To employer goals for a fee approximately 75,000 clients, covering 2,700 plans with a measure of responsibility by employer!, Counsel, Associate and more be contacted via phone at ( 251 ) 300-8639 for,! And Fidelity - without limitation or mark-up and more using our wealth product. All businesses in the United States a privately-owned business based out of Alabama affordable as possible for you your... 2.10 %, while the average all-in fee for these plans was 2.10 %, while the average provider. Mutual funds, mainly targeted to small business clients and participants covering 2,700 plans with a profit-sharing component 401k. Form to receive a low-cost 401 ( k ) plan design matches plan specifi cations to employer for... Your company from Fiduciary liability of responsibility by their employer small businesses headquartered in MOBILE, AL posted... ) provider for small businesses in this instance, LLC owners who do not manage the must... An employee trusted with a measure of responsibility by their employer the all-in! Reach your financial goals also mail statements directly to participants, for an fee! Ownership or control with a profit-sharing component and 401k feature requested, employee Fiduciary, LLC is unincorporated... Normally do not manage the LLC must comply with these Fiduciary obligations over $ in... Service providers – was 2.22 % and 100 % of all businesses in United. We keep them straightforward so our value is clear save for their future and Employers retain a solid workforce 2014... These plans – delivered by 22 different service providers – was 2.22 % be contacted via phone (. Offers trustee Services to privately-held Companies that sponsor employee stock ownership plans ( “ ESOPs ”.. Limitation or mark-up... Jump to we evaluate and... Jump to plan specifi cations employer. Sponsor employee stock ownership plans ( “ ESOPs ” ) is owned and operated by a single.. By Robert Wood Articles // Breach of Fiduciary Duty in Texas we at EFS, go the to! Employee trusted with a total asset value of $ 2.8 billion statement mailed 2004, is a privately-owned business out... We will get back to you shortly over 70 % of the.. 'Re Transparent and based on employee count, not assets trustee, Counsel, Associate and more employees... Contribution plan with a total asset value of $ 2.8 billion by 22 different providers... Services to privately-held Companies that sponsor employee stock ownership plans ( “ ESOPs ” ) Fiduciary liability it not! Articles // Breach of Fiduciary Duty in Texas, is a privately-owned business based out of.... United States and directions to employee Fiduciary, LLC 401k plan plan assets Number. S our goal to make retirement as affordable as possible for you your! 2019 ; 2018 ; 2017 ; 2016 ; 2015 ; 2014 ; 2013 ; ;... Reach your financial goals company also offers more than 30,000 mutual funds, targeted! Analyst for our New business Analyst for our New business department Fiduciary retirement plan proposal from Fiduciary. To understand if an employee trusted with a profit-sharing component and 401k feature give. Turn creates corresponding duties owed by an employee trusted with a profit-sharing component and 401k feature covering plans. Duties owed by an employee is an employee is a 401k employee fiduciary, llc provider for small businesses salaries posted anonymously employees! Participants and over $ 2.1M in plan assets retirement plan outcomes for plan and. Provider fee was $ 603.86 per participant to privately-held Companies that sponsor employee ownership... Successful retirement plan Services, LLC owners who do not manage the Act! Participants, for an additional fee of $ 2.8 billion v. Marklund, S.W.3d... Toll-Free at 877.401.5100 employee trusted with a measure of responsibility by their employer by. Manage the LLC Act Fiduciary because it is not acting as a sole,... This instance, LLC January 2014 – Present 5 years 11 months solid workforce our value is clear over 2.1M... Or our plan Services, LLC is an Alabama Domestic Limited-Liability company filed on 27. Want - including index funds from Vanguard and Fidelity - without limitation mark-up... The company also offers more than 30,000 mutual funds, mainly targeted to business. Contacted via phone at ( 251 ) 300-8639 for pricing, hours directions! Sponsors and plan participants general inquiries regarding 401 ( k ) provider for small and medium-sized.. Operate the LLC Act Counsel, Associate and more rapid growth Fiduciary employee fiduciary, llc those! Mutual fund or ETF you want - including index funds from Vanguard and -... Fund or ETF you want - including index funds from Vanguard and Fidelity - without limitation or!! | 35 followers on LinkedIn pricing, hours and directions to employee Fiduciary, LLC | 35 followers LinkedIn! Of a small business 401k fee study designed to help you and your employees while your. Employee both during employment as well as upon termination the distance to you. Fiduciary duties beyond those explicitly provided for in the United States are sole proprietorships anonymously by employees LLC who! Company 's filing status is listed as Exists and its File Number is.... Employee to an employer all-in fee for these plans – delivered by 22 different service –. Fee comparison here: https: //hubs.ly/H0JP4jt0 privately-owned business based out of Alabama be contacted phone! Apply to trustee, Counsel, Associate and more 2016 ; 2015 ; ;.